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Multifamily Property with Off-Street Parking
New
For Sale
$2,998,000

311317 Ramona Street, Palo Alto, CA 94301

RM4 zoning and a mix of central and wall-furnace heating serve this Palo Alto multifamily property.

Property Size3,169 SF
Price / SF$946.04
Days on Market6

Property Features for 311317 Ramona Street

General Information

Standard status Active
Size 3,169 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning RM4

Taxes and HOA fees

Annual Taxes $36,957

Amenities

Central, Wall Furnace
Dishwasher, Refrigerator
Off Street

Building Details

Building Size 3,169 SF
Year Built 1963
Buildings 1
Stories 2
Listing Agency: Coldwell Banker Realty
Listed By: Kelly Griggs · License #01812313
Source: Evrealestate
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

At 311317 Ramona Street in Palo Alto, this multifamily property was built in 1963 and carries RM4 zoning. Interior features include central and wall-furnace heating, a dishwasher, and a refrigerator. Off-street parking is available.

Key Highlights

  • RM4 zoning
  • Built in 1963
  • Central and wall‑furnace heating

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Accounting Firm Barber Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby

Demographics for 94301, CA

17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - RM4 zoning and a mix of central and wall-furnace heating serve this Palo Alto multifamily property.
Where is this multifamily property located?
The property is located at 311317 Ramona Street Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,998,000.
What are key features of this property?
This property features: RM4 zoning; Built in 1963; Central and wall‑furnace heating
More about this property
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